I don't think you'd see a shoe size drop from that (since it's more volume loss than length)

For people with wide feet, it can sometimes be hard to find shoes that fit properly and you may have to go up a size or 2 to get shoes that work for you

I normally wear a US men's size 11 wide and my shoes tend to be a bit long for me, but my feet aren't fitting in anything much smaller comfortably. Wide shoes are usually an E or EE width, if I could more reliably find EEE width shoes I could probably go down to a size 10 or 10½, so I could definitely imagine someone in a similar situation going down a size by losing some weight

It's especially frustrating when I go looking for safety toe shoes because usually that toe cap isn't actually doing much to protect my feet and just kind of makes the shoe more uncomfortable

It's also only about half the battle for me, because my toes are pretty wide but the rest of my foot and especially my heels are actually kind of narrow, so trying to find shoes that actually fit me well is basically impossible unless I start shelling out big bucks for custom made shoes.